Fleetio Acquires Auto Integrate and Raises $450M Series D
March 25, 2025
Fleetio announced the acquisition of Auto Integrate and the simultaneous close of a >$450 million Series D co-led by Elephant and Growth Equity at Goldman Sachs Alternatives, valuing the combined business at over $1.5 billion. The deal integrates Auto Integrate’s maintenance-authorization network into Fleetio’s fleet optimization platform to create an end-to-end, customer-centric fleet maintenance solution serving fleets, repair shops and rental operators across North America and beyond.
- Buyers
- Fleetio, Elephant, Growth Equity at Goldman Sachs Alternatives
- Targets
- Auto Integrate
- Industry
- Cloud & SaaS
- Location
- Hampshire, United Kingdom
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
LDC Invests in i247 Group to Drive Growth in Fleet Management
March 28, 2026
IT Services
i247 Group, a technology-led fleet management and custom software provider for the automotive leasing sector, has secured investment from private equity investor LDC. The funding is intended to accelerate growth through expanded product and service offerings in the UK and internationally, platform enhancements, and technological innovation (including connected vehicles and AI).
-
Element Fleet Management to Acquire Car IQ
December 2, 2025
Payments & Fintech
Element Fleet Management Corp. has signed a definitive agreement to acquire Car IQ, a San Francisco-based connected vehicle payments technology company. The acquisition will embed vehicle-initiated payments into Element’s fleet management ecosystem and expand Element’s digital payments roadmap across the United States and Canada, with closing expected in December 2025.
-
Banyan Software Acquires Agile Fleet
June 5, 2025
Software
Banyan Software has acquired Agile Fleet, a founder-led provider of fleet management software and services. Progress Partners served as exclusive financial advisor to Agile Fleet on the strategic sale, which Banyan says will support continued growth of Agile Fleet’s vertical SaaS offerings under long-term ownership.
-
Powerfleet Acquires Fleet Complete
October 1, 2024
Cloud & SaaS
Powerfleet (Nasdaq: AIOT) has closed its previously announced strategic acquisition of Fleet Complete, a connected vehicle technology and fleet management provider. The deal is expected to create a $400m+ revenue company with more than $300m of recurring SaaS revenue, and to expand Powerfleet’s presence and go-to-market reach across North America, Europe, and Australia.
-
Highland Creek Partners Acquires InTune Auto
October 17, 2023
Cloud & SaaS
Highland Creek Partners has acquired InTune Auto, a 2021-founded shop management SaaS for independent auto repair shops. The acquisition will transition InTune Auto's customers to an industry market leader and support product enhancements and integrations to better serve independent repair shops.
-
Audax Private Equity Makes Strategic Growth Investment in Integrate
December 20, 2021
Cloud & SaaS
Audax Private Equity completed a strategic growth investment in Integrate (Integrate.com, Inc.), a B2B demand marketing SaaS provider, in December 2021. The undisclosed investment will support Integrate's product development, customer growth, and geographic and vertical expansion for its Demand Acceleration Platform (DAP).
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.